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Accounts Payable Automation
Get visibility into payables with a seamless invoice capture system, invoice processing and an automated approval workflow for both desktop and mobile devices. A complete accounts payable automation solution that leverages the investment in your ERP.
Intelligent OCR
Data is intuitively extracted from paper, scanned or emailed invoices. Paper is captured with 95%+ accuracy, electronic files with 100% accuracy.
Invoice Processing
Invoices are viewable in a central dashboard and automatically sent to users to review and approve. Invoices can be flagged at the header level or on line items. Once approved by the user, invoices are sent to your ERP.
Approval Workflow
Automated workflow to designated roles in the company. One-click approvals in email. Ad hoc routing without having to code. Have as many users as you want – no user license costs.
Intelligent 3 Way PO Matching
2 and 3 way matching of POs and/or goods receipts at the header or line level. Matched invoices are sent straight to your ERP. Exceptions are flagged and sent to approvers to reconcile.
Archive & Audit
Invoices, purchase orders, and goods receipts are archived in the Cloud for searching, reporting, and audit trail. Includes all documents plus electronic messages between employees and vendors/suppliers.
EchoVera delivers a comprehensive AP Automation solution that includes:
Intelligent OCR
- Using Artificial Intelligence and automation, data is intuitively extracted from both paper or emailed invoices
- Software instinctively learns invoice layouts and data fields and stores them in a database
- Paper is captured with 95%+ accuracy, electronic files are captured with 100% accuracy
Invoice Processing
- Central dashboard with invoice status 24/7
- Invoices automatically sent to users to review and approve
- Cuts invoice processing costs in half
AP Workflow
- Invoices are gathered into a central dashboard, and automatically sent to managers to review and approve. Once approved, invoices are sent to your accounting system or ERP
- Ability to flag invoices or line items and send them to business users for review and approval
- Automatic notifications and reminders with 1-Click Approval in email and mobile
Intelligent 3-Way PO Matching
- Purchase orders, supplier invoices, and goods receipts are automatically matched
- Exceptions are flagged and sent to approvers for one-click approval in email
- Provides an audit trail and ensures accuracy of data
Archive & Audit
- Step-by-step documented history of invoice transactions, including communications between internal staff and suppliers
- Provides basis of objectivity for enquiries or investigations
- Complete searchable archive
Integrates with Over 50 ERPs
Seamless bi-directional integration with your ERP. For more on integration, click here.
Mobile, tablet, and desktop responsive.
More product details and key benefits in the tabs above.
Seamless Bi-Directional Integration With Your ERP
Unlimited Users – Pricing Based on Volume | Modules-Based Solution Grows With Your Organization
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Contact Us: Phone: +1 416 968-2335 (Canada)
E-mail: sales@echovera.com
EchoVera Inc. provides Intelligent OCR, Sales Order Automation and AP Automation to organizations looking to reduce costs and increase the efficiency of their financial operations. EchoVera brings over 30 years experience to clients worldwide.